The next major crash probably will be the last one for a very long time, because it will have such severe effects on the world economy.
This is because of 2 simple reasons:
1.) High national debt - governments simply won't have the financials to stabilize the economy
2.) Interconnected world - Let's say any random country in the EU or Japan collapses under its debt load / aging population. For example Italy.
Italy fails -> the fire spreads to Spain -> France -> Germany -> the whole world
Just because of this, central banks and governments will do everything to prevent or postpone the next crash as long as possible. Preventing the next crash means to keep interest rates low (so interest payments on national debt keep low). When interest rates are low, insurances and bank savings don't yield any meaningful ROI. Consequently people will continue to invest in the housing- / stock- / cryptocurrency market.
Interest rates will stay low until the next crash happens. Because all market actors are working to prevent the next crash, it is still years or decades ahead.
This is because of 2 simple reasons:
1.) High national debt - governments simply won't have the financials to stabilize the economy
2.) Interconnected world - Let's say any random country in the EU or Japan collapses under its debt load / aging population. For example Italy.
Italy fails -> the fire spreads to Spain -> France -> Germany -> the whole world
Just because of this, central banks and governments will do everything to prevent or postpone the next crash as long as possible. Preventing the next crash means to keep interest rates low (so interest payments on national debt keep low). When interest rates are low, insurances and bank savings don't yield any meaningful ROI. Consequently people will continue to invest in the housing- / stock- / cryptocurrency market.
Interest rates will stay low until the next crash happens. Because all market actors are working to prevent the next crash, it is still years or decades ahead.